Figuring Out Your Mortgage Payment | WBBM Real Estate Feature | Chicago Association of REALTORS®

Each month, we release a series of PSAs through WBBM Radio to help home buyers and sellers make informed real estate decisions. Each feature includes specialty advice from real estate experts, voiced by past president Matt Silver, Urban Real Estate. We encourage you to share these with your clients!

Figuring Out Your Mortgage Payment

When buying your first home, it’s important to know what you can and cannot afford. Begin by mapping out your salary, and compare your monthly spending to determine your limits. Also, consider the debts you have and how costly they are, as well as how much of a down payment you can make to decrease your monthly payments. And, if you need the help, your REALTOR® is always there for advice!